Market bulletin · Thu, 22 Oct 2026
Lamaa 1: 2 sales worth AED 3.95M in 30 days
Lamaa 1 recorded 2 sales worth AED 3.95M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: off-plan resales 81.8%, secondary (ready) sales 18.2%.
In Umm Suqeim Third, Lamaa 1 ranked #9 of 11 leading projects by 12-month sales value; it is developed by Dubai.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 2,545 |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 1 | 0 |
| Mar 26 | 0 | 1 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 1 | 0 |
| Dec 25 | 0 | 2 | 0 |
| Nov 25 | 0 | 2 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 3.95M | — | — |
| Last 3 months | 2 | — | AED 3.95M | — | — |
| Last 6 months | 2 | down 75.0% | AED 3.95M | — | — |
| Last 12 months | 11 | down 35.3% | AED 37.4M | 2,637 | up 1.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 9 | 82% | AED 3.60M | 2,622 | up 0.7% |
| Secondary (ready) | 2 | 18% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 5 | 45% | AED 2.00M | 2,716 | up 4.7% |
| 2 bedrooms | 2 | 18% | — | — | — |
| 3 bedrooms | 4 | 36% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 2 | 18% | — | — | — |
| AED 2M–10M | 9 | 82% | AED 3.60M | 2,716 | up 3.0% |
Competing projects in Umm Suqeim Third
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Nourelle 3 - Madinat Jumeirah LivingMeraas Development | 89 | 2,814 | — |
| Nourelle 2 - Madinat Jumeirah LivingMeraas Development | 81 | 2,674 | — |
| Nourelle 1 - Madinat Jumeirah LivingMeraas Development | 31 | 4,102 | — |
| Jadeel 3Dubai | 13 | 3,159 | — |
| Nourelle Building 1 | 7 | 3,718 | — |
| Lamaa 2Dubai | 17 | 2,777 | — |
| Lamaa 4Dubai | 13 | 2,747 | — |
| Lamtara 1Dubai | 5 | 4,443 | — |
| Asayel 1Dubai | 7 | 2,415 | — |
| Madinat Jumeriah Living - Al Jazi 2Dubai | 10 | 2,934 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.00M | 1 BR Apartment · 736 sqftLamaa 1 · Umm Suqeim Third | 24 Sept |
| AED 1.95M | 1 BR Apartment · 740 sqftLamaa 1 · Umm Suqeim Third | 28 Sept |
Questions about Lamaa 1
How many properties were sold in Lamaa 1 in the last year?
11 sales worth AED 37.4M were registered in the last 12 months: 0% developer off-plan, 82% off-plan resales and 18% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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